TAPE was in selling frenzy again to flush out all the margin calls and weak hands, once that was out of the way, we made a V bottom.
S&P 500 @ 1944.12, low 1926.03, high 1949.16......many technicians were fearful of 1930 breakdown which triggered more selling.
Internals are S&P slightly negative & Nasdaq positive by 60%......pretty good internals...
Oil UP 20 cents
Gold Down 60 cents..noticed Gold Stocks are UP nicely....
Canadian $ UP 11 tick @ 87.49
VIX Down 3.05% @ 16.20...high today 17.98
Portfolio AKS EGO LULU MU NXPI SWIR
Most stocks are mixed
@ 2.03 following are green by 1% or more :
AKS EGO MU TSL GTAT QIHU JCP GG
YY YELP TWTR LNKD BIDU TSLA
KORS BABA WUBA COH JKS
CSIQ FFIV WB FEYE INVN
YNDX HIMX CRUS AMCC
FNSR NFLX PANW M
GMCR SPLK AEM
CSOD WLT TRLA
Z GS FB......
BLOG does NOT give buy or sell.
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